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Pruett sentenced in mortgage case

Friday, June 16 2006 06:14

Jim Pruett, a former real estate salesman and owner of Leflore Properties Inc of Greenwood, Mississippi has been sentenced to 41 months for his role in a mortgage scheme. Pruett, along with Bobby Fisher former attorney and municipal judge, pled guilty to charges of conspiring to commit wire fraud and of money laundering on January 13th. According to media reports a restitution hearing for Pruett will be held on September 11th.

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Rachel Dollar Rachel Dollar, the editor of Mortgage Fraud Blog is an attorney and Certified Mortgage Banker who handles litigation for lending institutions and secondary market investors.
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